07 January 2025
The Insurance Authority has announced the licensing of
“Deloitte Actuarial Services” Company to operate in the field of actuarial
services. This step aligns with the Authority’s role in regulating and
supporting the insurance sector, including the development of actuarial
services such as risk assessment, pricing, liability evaluation, and
provisioning. It also contributes to transferring specialized expertise to
enhance the sector’s sustainability and stability. This licensing is part of
the Authority’s efforts to encourage investment in the insurance sector,
diversify the investor base, and add value to the industry. The Insurance Authority highlights
the importance of dealing with licensed companies, which can be verified
through its official website: WWW.IA.GOV.SA.